University Of Oklahoma Foundation Inc

Organization Overview

University Of Oklahoma Foundation Inc is located in Norman, OK. The organization was established in 1955. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. As of 06/2021, University Of Oklahoma Foundation Inc employed 38 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. University Of Oklahoma Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2021, University Of Oklahoma Foundation Inc generated $229.8m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.1% each year. All expenses for the organization totaled $145.3m during the year ending 06/2021. While expenses have increased by 3.9% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, University Of Oklahoma Foundation Inc has awarded 24 individual grants totaling $815,402,973. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE UNIVERSITY OF OKLAHOMA FOUNDATION IS AN INDEPENDENT NOT-FOR-PROFIT CORPORATION THAT ENCOURAGES AND SUPPORTS CHARITABLE GIVING FOR THE BENEFIT OF THE UNIVERSITY OF OKLAHOMA. THE FOUNDATION ACTS AS THE PRINCIPAL ORGANIZATION THROUGH WHICH THOSE GIFTS ARE MADE AND ADMINISTERED FOR THE BENEFIT OF THE UNIVERSITY. THE SOLE REASON FOR ITS EXISTENCE IS TO SERVE THE UNIVERSITY OF OKLAHOMA AND THE GENEROUS DONORS WHO SUPPORT THE UNIVERSITY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

GENERAL UNVERSITY EDUCATION ASSISTANCEEXPENDITURES MADE IN ACCORDANCE WITH THE FUND PURPOSE RANGING FROM GENERAL SUPPLIES TO SPECIFIC PROJECTS WITHIN A DEPARTMENT OR SCHOOL OF THE UNIVERSITY.


FACILITIES AND EQUIPMENTEXPENDITURES MADE IN ACCORDANCE WITH THE FUND PURPOSE RANGING FROM THE PURCHASE OF LAB EQUIPMENT TO CONSTRUCTION OF BUILDINGS WITHIN A DEPARTMENT OR SCHOOL OF THE UNIVERSITY.


SALARY SUPPLEMENTSSUCH EXPENDITURES ARE PROCESSED THROUGH THE UNIVERSITY'S PAYROLL SYSTEM. UPON RECEIVING ADEQUATE DOCUMENTATION, THE FOUNDATION WILL REIMBURSE THE UNIVERSITY FOR SUCH EXPENDITURES MADE IN ACCORDANCE WITH THE FUND PURPOSE.


STUDENT SCHOLARSHIPS


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Cambridge Associates Llc
Investment Consultant
$1,283,333
Mcafee & Taft
Legal Services
$776,470
Iridian Asset Management Llc
Investment Manager
$429,885
Conestoga Capital Advisors Llc
Investment Manager
$167,450
Parametric Portfolio Associates
Investment Manager
$132,574
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$1,194,000
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$224,755,467
Noncash contributions included in lines 1a–1f $6,618,627
Total Revenue from Contributions, Gifts, Grants & Similar$225,949,467
Total Program Service Revenue$0
Investment income $12,401,529
Tax Exempt Bond Proceeds $0
Royalties $4,222,177
Net Rental Income $0
Net Gain/Loss on Asset Sales -$20,279,183
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $229,832,156

Grants Awarded

Over the last fiscal year, University Of Oklahoma Foundation Inc has awarded $91,586,722 in support to 3 organizations.

Grant RecipientAmount

UNIVERSITY OF OKLAHOMA

PURPOSE: SALARY SUPPLEMENTS

$43,614,346

UNIVERSITY OF OKLAHOMA

PURPOSE: GENERAL EDUCATION ASSISTANCE

$28,999,975

UNIVERSITY OF OKLAHOMA

PURPOSE: FACILITIES AND EQUIPMENT

$18,972,401
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 3 grants that University Of Oklahoma Foundation Inc has recieved totaling $34,335.

Awarding OrganizationAmount
Puterbaugh Foundation

McAlester, OK

PURPOSE: SCHOLARSHIPS

$30,000
Fongs 2014 Family Foundation Inc

Houston, TX

PURPOSE: DONATION

$3,335
Albert H Stahmer Foundation Inc

Golden, CO

PURPOSE: GENERAL FUND

$1,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$1,265,078,982
Earnings$457,079,007
Admin Expense$13,744,196
Net Contributions$131,035,792
Other Expense$20,977,183
Grants$43,871,033
Ending Balance$1,774,601,369

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